Business

Turkey Purchases Rights to Saab 9-3

Turkey Purchases Rights to Saab 9-3

The Saab 9-3 is heading to Turkey, as that country has apparently purchased the rights to the vehicle’s for use in a new Turkish national car. “We bought Saab 9-3’s intellectual property rights, but not its name,” Turkish Science, Industry and Technology Minister Fikri Isik […]

by · October 15, 2015 ·
Ford reports healthy spike in India sales

Ford reports healthy spike in India sales

Ford India recorded an 83 percent increase in sales in April, selling 13,297 vehicles in combined domestic wholesales and exports, compared to 7,270 units sold in the corresponding period last year. Domestic sales stood at 6,651 vehicles in April, up 66 percent from 4,003 vehicles; […]

by · May 3, 2014 ·
Ford taps Fields as new CEO

Ford taps Fields as new CEO

Ford Motor Company announced today that Alan Mulally has decided to retire from the company July 1, and Mark Fields will be named to replace him as Ford’s new president and chief executive officer. “From the first day we discussed Ford’s transformation eight years ago, […]

by · May 2, 2014 ·
Toyota heads to Texas

Toyota heads to Texas

Toyota announced yesterday that it is establishing a new headquarters in Plano, Texas for its North American operations in a move designed to “better serve customers and position Toyota for sustainable, long-term” growth. Within the next three years, Toyota’s three separate North American headquarters for […]

by · April 29, 2014 ·
Ford recorded profit of $1.4 billion in first quarter

Ford recorded profit of $1.4 billion in first quarter

Ford Motor Company [NYSE: F] on Friday reported a 2014 first quarter pre-tax profit of $1.4 billion, its 19th consecutive profitable quarter. The company also affirmed its full-year pre-tax profit guidance of $7 billion to $8 billion as it launches 23 new global vehicles, the […]

by · April 28, 2014 ·
Acura premieres new RLX Sport Hybrid at Beijing Auto Expo

Acura premieres new RLX Sport Hybrid at Beijing Auto Expo

Last week, Acura showcased the Chinese premiere of their new RLX hybrid, which is equipped with the company’s Sport Hybrid SH-AWD system. The acronym stands for Super Handling – All Wheel Drive. The RLX hybrid model was unveiled as a new addition to the existing […]

by · April 28, 2014 ·
Marking the 10th anniversary of the Oldsmobile brand’s death

Marking the 10th anniversary of the Oldsmobile brand’s death

The car, like the brand, like the plant, is a collective memory. Ten years ago Tuesday, a dark cherry Alero sedan drove off the line at what was then General Motors Corp.’s Lansing Car Assembly plant. It was the last Oldsmobile, the sendoff to a […]

by · April 27, 2014 ·
Saab returns to Swedish dealerships as rebirth continues

Saab returns to Swedish dealerships as rebirth continues

Swedish automaker Saab is now selling new vehicles in about 20 dealerships across Sweden, the company’s first return to dealer sales since a bankruptcy and collapse sidelined the brand in 2011. A Chinese-Swedish entity named NEVS took control of Saab last year. The company has […]

by · April 25, 2014 ·
What was the best-selling car in the world for 2013?

What was the best-selling car in the world for 2013?

It’s a topic of some dispute. Both Ford and Toyota have attempted to claim the title of best selling car in the world for 2013, but the experts have now spoken. And by experts, I’m talking about the sales number crazed maniacs at BestSellingCars.com. They […]

by · April 22, 2014 ·
Germans dominate this year’s World Car Awards

Germans dominate this year’s World Car Awards

Announced at the New York Auto Show, the World Car Awards gave Germany a lot of love. Now in their eleventh year, the annual awards have become one of the world’s most “prestigious, credible and significant programs” of its kind, according to organizers. The awards […]

by · April 18, 2014 ·